Assignment name: Arab African International Bank - Internal Capacity Building for SME Lending
Procurement ref: 9177-RFP -74365
Business sector: financial institutions
Project number: 74365
Funding source: Shareholder Special Found (SSF)
Type of contract: consultancy services
Type of notice: request for proposals
Issue date: 11.7.2018
Closing date: 27.8.2018 14:00 local time
Clarifications: check regularly for clarifications.
Executing agency (client):
Name of entity selecting and contracting the consultant:
Arab African International Bank, 5 Midan Al Saray Al Koubra, Garden City, Cairo, EGYPT
The client contact person:
Mr. Mohsen M. Rashad, general manager, head of financial institutions:
Arab African International Bank
5 Midan Al Saray Al Koubra, Garden City, Cairo, Egypt
The EBRD’s Contact Person
European Bank for Reconstruction and Development
One Exchange Square
London, EC2A 2JN
The Arab African International Bank (the Client) has requested the European Bank for Reconstruction and Development (the EBRD or the Bank) to provide funding to finance Internal Capacity Building for SME Lending (the project).
Client has identified SME lending as an important pillar of its recently approved growth strategy. The EBRD (the “Bank”) is planning to provide AAIB with a senior unsecured loan of up to 30 000 000 USD to increase the funding available to Egyptian SMEs which are currently under-served by the local banking sector. The loan will assist AAIB in developing its SME lending activities and expanding access to finance for SMEs.
The client now intends to select and contract a consulting company (the consultant) to the assignment, on the basis of the Consultancy Procurement Document (CPD) in attachment:
Consultant selection procedure: single stage open competitive selection interested firms of groups of firms are invited to submit a technical and financial proposal.
Assignment start date and duration: the assignment is expected to start in October 2018 and has an estimated overall duration of 12 months.
Cost estimate for the assignment: 491 000 EUR (exclusive of VAT).
Subject to availability of funding, the performance of the selected consultant and the specific needs of the client the assignment may be extended beyond the current scope.
Funding source: it is anticipated that the contract will be financed by Shareholder Special Found (SSF). Selection and contracting is subject to the availability of funding.
Eligibility: there are no eligibility restrictions based on the consultant's country of origin.
Submission requirements: in order to determine the capability and experience of consultants seeking to be selected, the consultant shall submit a response in accordance with the CPD.
1) the selection will normally be made from the proposals received in response to this notification only, on the basis of the selection criteria set out in the CPD. The highest ranked consultant will be selected and be invited to negotiate the contract, subject to availability of funding.
2) any updates of and clarifications on this procurement notice and /or the CPD shall be announced as updates on this notice, without any other notification. In the event of changes to the CPD, consultants will need to download the updated version of the CPD.
Consultants are required to periodically check the notice for updates. Failure to take the updates into account while preparing the proposal may result in disqualification or penalties to the scores in the evaluation.